When you study economy or have an inkling of human psychology, you understand humans and money have a weird yet powerful connection. It is so engrained in our society that some people have decided to study the economy and write a book about their discoveries. Need a clue? It is Freakonomics by Stephen J. Dubner and Steven Levitt.
As a college student, I can attest to loving some college courses and not loving others. However, this past semester I had one of my favorite course since the start of my college career. The course was based on the political and economic development in Latin America because this region of world despite its vast resources, the region still lacks economic and cultural prosperities.
Historically, Latin America was colonized by several European countries that sent resources and goods back to their countries without compensation to natives. This put the region in a disadvantage when it came to early economic power after revolution from their colonial masters because their resources were still in the control of the colonials via land grants or money for the goods that did receive payment vs. the native who worked the land. Those that held the power on the resources took advantage of these infant governments and made the governing to their advantage despite the cut ties to their European ancestors. This continued the viscous cycle of the average population not receiving benefits of more open trading and economic opportunities in the world. A cycle which still is in effect today.